You can take your time to decide on where you will go on your next vacation, which color to paint your office, or what to name your new baby. But when it comes to your car and your protection, there is rarely time to waste – lagging on a decision having to do with car insurance could potentially cost you thousands of dollars.
One reason to hurry up in choosing your coverage is because without it, you are breaking the law. Driving without it will either cost you big time – or land you in the big house. Either way, you’ll have wished you would have chosen coverage sooner.
Aside from the legalities, car insurance safeguards you against medical, legal and repair-related expenses you might incur in the case of an accident. It can also pay for damage or loss that results from break-ins, vandalism or natural disasters. Securing decent, reliable insurance can save you sanity, too. Everybody feels a little more at ease knowing their vehicle – and their families – are protected.
When searching for the best type of policy, its best to become familiar with basic types of coverage. Liability, for example, pays for injuries that occur to other drivers as a result of an accident that was your fault – as well as the legal costs you may ensue if you are brought to court because of it. And if there are bodily injuries or death caused to other drivers as a result of your negligence, you will need Bodily Injury Liability to cover your expenses.
Also, keep in mind that car insurance differs from state to state. For instance, certain types of Texas policies might cost less than those in Florida car since the accident rate in Florida is higher due to frequent weather-related incidents. State requirements for how much coverage you need to have differ between states, too. California car insurance law requires minimum Bodily Injury Liability of $15,000 per injured person up to a total of $30,000 per accident – but this might not be the case in the state you live in.
The best way to choose your car insurance is to determine your needs, become familiar with your state’s laws, and then shop around. Do not be afraid to ask a lot of questions, so you can be sure you are really getting the best bang for your buck.